Plan Ledger DOL Form 5500 · updated monthly

Andretti Group401(k)

ANDRETTI PETROLEUM GROUP RETIREMENT SAVINGS PLAN · GRANTS PASS, OR · plan year 2023

Reported admin expense ratio · 2023
0.70%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Andretti Group reported $70,198 in plan administrative expenses for 2023: 0.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $534 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.59% to 1.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Oregon (518th of 1,021), and 2,767th of 4,246 in wholesale trade. In 2023, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,153,432
Participants with balances297
Active participants1,006
Employer contributions$536,917
Employee contributions$1,020,181
Employer contribution per active participant$534
Average account balance$37,554
Benefits paid to participants$879,616
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36K · 4 accts · $179K emplr
2023$11.2M · 297 accts · $537K emplr
2022$9.0M · 302 accts · $465K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$45,403
Investment management$24,795
Total administrative$70,198
The Andretti Group 401(k) match · 2023
Employer contribution per active participant$534
Median for plans this size$2,440
2024$89,731 per active participant
2023$534 per active participant
2022$426 per active participant

Andretti Group's 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK · Recordkeeping · Loan processing$34,423
PERENNIAL INVESTMENT ADVISORS, LLC · Investment advisory (plan)$23,819

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$64,265 · 1.15%
2023$70,198 · 0.70%
2022$54,530 · 0.59%
Same employer
Similar plansWholesale Trade · Oregon
McDonald Wholesale Co. OR$16.3M · 0.46%
Portland French LTD. OR$14.0M · 0.00%
Mitchell Lewis & Staver Co. OR$12.2M · 0.62%
Triad Machinery, Inc. OR$10.9M · 0.02%
Mid Valley Ipa, Inc. OR$9.3M · 0.23%
Tyree Oil, Inc. OR$9.0M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814893805 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.